Obama Would Veto Full Extension Of Bush Tax Cuts

“He would not support it. He would not sign that bill,” Carney told reporters. Pressed on whether not signing meant a presidential veto, Carney said it did.

In a Monday statement, Obama called on Congress to pass a one year extension of only the middle-class and lower-income portions of tax cuts — leaving the fate of the tax cuts for upper earners making more than $250,000 annual to be decided after the election. Obama opposes those cuts, believing that they should end.